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RIG

RIG - Transocean Ltd Stock Price, Fair Value and News

6.19USD-0.03 (-0.48%)Delayed

Market Summary

RIG
USD6.19-0.03
Delayed
-0.48%

RIG Stock Price

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RIG RSI Chart

RIG Valuation

Market Cap

5.0B

Price/Earnings (Trailing)

-5.25

Price/Sales (Trailing)

1.77

EV/EBITDA

25.14

Price/Free Cashflow

-19.04

RIG Price/Sales (Trailing)

RIG Profitability

EBT Margin

-33.23%

Return on Equity

-9.16%

Return on Assets

-4.71%

Free Cashflow Yield

-5.25%

RIG Fundamentals

RIG Revenue

Revenue (TTM)

2.8B

Rev. Growth (Yr)

22.28%

Rev. Growth (Qtr)

3.93%

RIG Earnings

Earnings (TTM)

-954.0M

Earnings Growth (Yr)

70.29%

Earnings Growth (Qtr)

52.73%

Breaking Down RIG Revenue

Last 7 days

-5.2%

Last 30 days

10.1%

Last 90 days

11.1%

Trailing 12 Months

-7.3%

How does RIG drawdown profile look like?

RIG Financial Health

Current Ratio

1.52

Debt/Equity

0.68

Debt/Cashflow

0.02

RIG Investor Care

Shares Dilution (1Y)

11.40%

Diluted EPS (TTM)

-1.25

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.6B2.7B2.7B2.8B
20222.5B2.5B2.6B2.6B
20213.0B2.8B2.6B2.6B
20203.1B3.3B3.3B3.2B
20193.1B3.1B3.0B3.1B
20182.9B2.9B2.9B3.0B
20173.6B3.4B3.3B3.0B
20166.7B5.7B5.0B4.2B
20158.9B8.4B7.8B7.4B
20149.4B9.4B9.2B9.2B
20139.3B9.3B9.3B9.2B
20128.9B8.9B9.3B9.2B
20119.0B8.9B8.6B8.9B
201011.0B10.6B10.1B9.5B
200912.7B12.5B12.1B11.6B
200808.5B10.6B12.7B
20070006.4B
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PurpleZone


Returns of $10,000 invested in:

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Transocean Ltd

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 04, 2024
davis howard e
sold (taxes)
-521,254
5.08
-102,609
evp, cao & cio
Mar 04, 2024
long brady k
sold (taxes)
-511,322
5.08
-100,654
evp & general counsel
Mar 04, 2024
thigpen jeremy d
sold (taxes)
-1,890,910
5.08
-372,227
ceo
Mar 04, 2024
adamson keelan
sold (taxes)
-627,878
5.08
-123,598
president and coo
Mar 04, 2024
mey mark-anthony lovell
sold (taxes)
-654,588
5.08
-128,856
evp & cfo
Mar 04, 2024
tonnel david a
sold (taxes)
-344,368
5.08
-67,789
svp - chief accounting officer
Mar 01, 2024
long brady k
acquired
1,295,370
5.09
254,493
evp & general counsel
Mar 01, 2024
davis howard e
acquired
1,320,530
5.09
259,437
evp, cao & cio
Mar 01, 2024
thigpen jeremy d
acquired
4,790,670
5.09
941,192
ceo
Mar 01, 2024
mey mark-anthony lovell
acquired
1,658,350
5.09
325,805
evp & cfo

1–10 of 50

Which funds bought or sold RIG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
Ballentine Partners, LLC
added
1.66
540
100,292
-%
Apr 11, 2024
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC
added
16.25
36,361
255,195
0.03%
Apr 11, 2024
PRIVATE CAPITAL MANAGEMENT LLC
unchanged
-
-4,808
431,342
0.09%
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
unchanged
-
-2.00
164
-%
Apr 11, 2024
City State Bank
unchanged
-
-
1,000
-%
Apr 11, 2024
FOUNDATION RESOURCE MANAGEMENT INC
added
0.37
-9,083
1,229,030
0.19%
Apr 10, 2024
ATWOOD & PALMER INC
unchanged
-
-175
15,700
-%
Apr 10, 2024
AMERICAN NATIONAL BANK
new
-
144
144
-%
Apr 10, 2024
LexAurum Advisors, LLC
unchanged
-
-869
77,935
0.02%
Apr 10, 2024
Legacy Financial Strategies, LLC
unchanged
-
-785
70,367
0.02%

1–10 of 45

Are Funds Buying or Selling RIG?

Are funds buying RIG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RIG
No. of Funds

Unveiling Transocean Ltd's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.47%
68,551,328
SC 13G/A
Feb 12, 2024
primecap management co/ca/
6.27%
50,699,389
SC 13G/A
Feb 14, 2023
d. e. shaw & co, l.p.
4.9%
35,082,073
SC 13G/A
Feb 09, 2023
primecap management co/ca/
6.45%
46,564,489
SC 13G/A
Feb 09, 2023
vanguard group inc
8.78%
63,405,047
SC 13G/A
Dec 19, 2022
perestroika
11.5%
82,831,418
SC 13D/A
Nov 25, 2022
d. e. shaw & co, l.p.
5.0%
36,130,816
SC 13G
May 17, 2022
perestroika
12.2%
82,831,418
SC 13D/A
Feb 10, 2022
primecap management co/ca/
7.25%
47,524,006
SC 13G/A
Jul 12, 2021
blackrock inc.
2.3%
13,933,706
SC 13G/A

Recent SEC filings of Transocean Ltd

View All Filings
Date Filed Form Type Document
Apr 11, 2024
8-K
Current Report
Apr 01, 2024
8-K
Current Report
Mar 26, 2024
ARS
ARS
Mar 26, 2024
DEF 14A
DEF 14A
Mar 26, 2024
DEFA14A
DEFA14A
Mar 15, 2024
PRE 14A
PRE 14A
Mar 06, 2024
8-K
Current Report
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading
Mar 05, 2024
4
Insider Trading

Peers (Alternatives to Transocean Ltd)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
477.5B
344.6B
9.88% 3.96%
13.26
1.39
-16.70% -35.40%
295.2B
200.9B
3.29% -7.64%
13.82
1.47
-18.40% -39.75%
60.7B
28.9B
11.21% 6.56%
12.93
2.1
-22.04% -64.70%
16.8B
6.6B
12.32% 13.37%
10.8
2.53
-17.41% -56.98%
11.6B
8.7B
4.27% 10.01%
4.79
1.33
-25.73% -50.99%
MID-CAP
8.7B
2.7B
10.94% 32.65%
10.01
3.18
-43.74% -26.38%
4.1B
2.8B
3.72% 12.16%
9.55
1.46
19.47% 177.97%
3.7B
3.4B
11.94% 45.01%
2.14
1.07
172.35% 1311.12%
2.9B
1.7B
11.71% -19.79%
13.69
1.72
-26.01% -5.75%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
279.8M
307.6M
16.23% -5.09%
0.71
0.91
-32.91% 578.62%
181.9M
186.7M
29.39% 97.69%
-4.19
0.97
-27.21% 49.68%
87.7M
220.8M
-7.47% -36.55%
-28.78
0.4
-38.52% -116.44%
74.4M
2.7B
17.22% -25.94%
351.1
0.03
-18.46% -93.92%
26.3M
23.9M
10.55% -7.42%
-9.68
1.1
-21.86% -149.09%

Transocean Ltd News

Latest updates
Defense World10 hours ago

Transocean Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In null)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue3.9%741713729649606691692586621626656653690773930759792784758754748
Costs and Expenses5.7%803760718636664635660637663623659661704705766789836804774774755
  S&GA Expenses13.6%50.0044.0048.0045.0055.0042.0043.0042.0049.0040.0039.0039.0050.0045.0045.0043.0054.0045.0045.0049.0054.00
EBITDA Margin-11.8%0.16*0.18*0.21*0.23*0.29*0.29*0.27*0.27*0.28*0.33*0.49*0.34*---------
Interest Expenses-101.3%-3.0023216824926396.00100102107110115115117145153160160166168166165
Income Taxes148.8%21.00-43.00-16.0051.0035.00-5.003.0026.0011127.004.00-21.0023.00-24.0032.00-4.00-24.0054.0037.00-8.00110
Earnings Before Taxes68.4%-83.00-263-181-414-315-33.00-65.00-149-149-103-99.00-119-16.00335-465-395-79.00-771-169-179-133
EBT Margin23.6%-0.33*-0.43*-0.35*-0.31*-0.22*-0.15*-0.18*-0.20*-0.18*-0.13*0.04*-0.09*---------
Net Income52.7%-104-220-165-465-350-28.00-68.00-175-260-130-103-99.00-37.00359-497-392-51.00-825-208-171-242
Net Income Margin24.3%-0.34*-0.44*-0.38*-0.35*-0.24*-0.21*-0.25*-0.27*-0.23*-0.14*0.04*-0.09*---------
Free Cashflow-29.8%-122-94.0081.00-128-231143-74.00-10711410411237.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets1.2%20,25420,00820,21320,19420,43620,62120,55020,36320,68120,97621,19821,36021,80422,47222,82523,45124,10524,44925,62425,45025,665
  Current Assets8.1%2,1261,9672,2352,0312,0082,4692,2862,2792,4442,5812,6182,5592,7403,1753,2843,2913,6403,7714,2083,7923,948
    Cash Equivalents28.3%7625948217476831,3411,1611,2261,4121,4761,4901,4541,5601,8301,9482,0142,3492,4572,8532,4702,589
  Net PPE0.2%16,94116,91316,92017,12017,46917,15817,23917,01317,09817,21617,33617,47917,66717,83118,00918,58018,84718,94819,59419,69120,408
  Current Liabilities18.3%1,3971,1811,1411,0531,5581,5051,5331,3521,3031,3511,3191,3031,3861,5511,5881,5941,7241,4891,4611,3961,458
  Long Term Debt-0.3%7,0437,0667,1547,3426,6286,4516,3766,3756,6576,7736,9917,0967,3027,7948,4808,5768,6939,0419,3789,0719,605
Shareholder's Equity0.9%10,41510,31710,40510,32510,79111,23111,17511,13111,20611,26711,31211,34011,43511,40310,98711,47511,86711,94212,75712,95313,114
  Retained Earnings-2.6%-4,033-3,929-3,709-3,544-3,079-2,729-2,701-2,633-2,458-2,198-2,068-1,965-1,866-1,829-2,188-1,691-1,297-1,246-421-213-67.00
  Additional Paid-In Capital1.3%14,54414,36414,23313,99213,98413,97913,89913,79013,68313,65913,57813,50813,50113,49313,43813,43113,42413,41513,40513,39613,394
Accumulated Depreciation2.6%6,9346,7616,6076,8766,7486,5706,3946,2326,0545,8865,7185,5415,3735,2075,3095,3555,4345,2555,6265,4275,403
Shares Outstanding3.4%809783767732722714678664637630621617---------
Minority Interest0%1.001.001.001.001.001.001.001.001.004.004.004.003.006.006.006.005.009.009.007.007.00
Float---5,370---2,350---2,870---1,120---3,900--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations322.7%98,000-44,000157,000-47,000178,000230,00041,000-1,000185,000141,000153,00096,000278,00081,00087,000-48,000147,00091,000153,000-51,000238,000
  Share Based Compensation0%10,00010,00011,0009,0007,0007,0008,0007,0007,0007,0007,0007,0007,0009,0007,0008,0009,0009,00010,0009,0009,000
Cashflow From Investing-450.0%-220,000-40,000-73,000-90,000-424,000-97,000-116,000-120,000-71,000-36,000-73,000-53,000-37,000-64,000-44,000-112,000-110,000-124,000-57,00023,000-1,168,000
Cashflow From Financing317.6%309,000-142,000-5,000101,000-104,00047,00010,000-65,000-178,000-119,000-44,000-149,000-511,000-135,000-109,000-175,000-145,000-363,000287,000-91,000644,000

RIG Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating revenues   
Contract drilling revenues$ 2,832$ 2,575$ 2,556
Revenue from Contract with Customer, Product and Service [Extensible List]us-gaap:OilAndGasServiceMemberus-gaap:OilAndGasServiceMemberus-gaap:OilAndGasServiceMember
Costs and expenses   
Operating and maintenance$ 1,986$ 1,679$ 1,697
Cost, Product and Service [Extensible List]us-gaap:OilAndGasServiceMemberus-gaap:OilAndGasServiceMemberus-gaap:OilAndGasServiceMember
Depreciation and amortization$ 744$ 735$ 742
General and administrative187182167
Total costs and expenses2,9172,5962,606
Loss on impairment of assets(57)  
Loss on disposal of assets, net(183)(10)(62)
Operating loss(325)(31)(112)
Other income (expense), net   
Interest income522715
Interest expense, net of amounts capitalized(646)(561)(447)
Gain (loss) on retirement of debt(31)851
Other, net9(5)23
Total other income (expense), net(616)(531)(358)
Loss before income tax expense(941)(562)(470)
Income tax expense1359121
Net loss(954)(621)(591)
Net income attributable to noncontrolling interest  1
Net loss attributable to controlling interest$ (954)$ (621)$ (592)
Loss per share, basic (in dollars per share)$ (1.24)$ (0.89)$ (0.93)
Loss per share, diluted (in dollars per share)$ (1.24)$ (0.89)$ (0.93)
Weighted-average shares, basic (in shares)768699637
Weighted-average shares, diluted (in shares)768699637

RIG Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 762$ 683
Accounts receivable, net512485
Materials and supplies, net426388
Restricted cash and cash equivalents233308
Other current assets193144
Total current assets2,1262,008
Property and equipment23,87524,217
Less accumulated depreciation(6,934)(6,748)
Property and equipment, net16,94117,469
Contract intangible assets456
Deferred tax assets, net4413
Other assets1,139890
Total assets20,25420,436
Liabilities and equity  
Accounts payable323281
Accrued income taxes2319
Debt due within one year370719
Other current liabilities681539
Total current liabilities1,3971,558
Long-term debt7,0436,628
Deferred tax liabilities, net540493
Other long-term liabilities858965
Total long-term liabilities8,4418,086
Commitments and contingencies
Shares, CHF 0.10 par value, 1,021,294,549 authorized, 142,362,093 conditionally authorized, 843,715,858 issued and 809,030,846 outstanding at December 31, 2023, and 905,093,509 authorized, 142,362,675 conditionally authorized, 797,244,753 issued and 721,888,427 outstanding at December 31, 20228171
Additional paid-in capital14,54413,984
Accumulated deficit(4,033)(3,079)
Accumulated other comprehensive loss(177)(185)
Total controlling interest shareholders' equity10,41510,791
Noncontrolling interest11
Total equity10,41610,792
Total liabilities and equity$ 20,254$ 20,436
RIG
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Steinhausen, Switzerland.
 CEO
 WEBSITEdeepwater.com
 INDUSTRYOil - E&P
 EMPLOYEES5040

Transocean Ltd Frequently Asked Questions


What is the ticker symbol for Transocean Ltd? What does RIG stand for in stocks?

RIG is the stock ticker symbol of Transocean Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Transocean Ltd (RIG)?

As of Fri Apr 12 2024, market cap of Transocean Ltd is 5.01 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RIG stock?

You can check RIG's fair value in chart for subscribers.

What is the fair value of RIG stock?

You can check RIG's fair value in chart for subscribers. The fair value of Transocean Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Transocean Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RIG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Transocean Ltd a good stock to buy?

The fair value guage provides a quick view whether RIG is over valued or under valued. Whether Transocean Ltd is cheap or expensive depends on the assumptions which impact Transocean Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RIG.

What is Transocean Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, RIG's PE ratio (Price to Earnings) is -5.25 and Price to Sales (PS) ratio is 1.77. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RIG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Transocean Ltd's stock?

In the past 10 years, Transocean Ltd has provided -0.173 (multiply by 100 for percentage) rate of return.